Power take-off (PTO) is a device that transfers an engine’s mechanical power to another piece of equipment. A PTO allows the hosting energy source to transmit power to additional equipment that does not have its own engine or motor. For example, a PTO helps to run a jackhammer using a tractor engine. The power take-off is mainly used for dump trucks, fire trucks, cement mixer trucks, refrigerated trucks and other special vehicles that require additional power.
This report contains market size and forecasts of Power Take Off (PTO) in global, including the following market information:
Global Power Take Off (PTO) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Power Take Off (PTO) Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Power Take Off (PTO) companies in 2021 (%)
The global Power Take Off (PTO) market was valued at 445.6 million in 2021 and is projected to reach US$ 512.5 million by 2028, at a CAGR of 2.0% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Power Take Offs - 6 Bolt Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Power Take Off (PTO) include Interpump Group, Parker, Hyva, OMFB, Weichai Power, Bezares, Zhejiang Bezares Power, Transmission Co.,Ltd and ZF Friedrichshafen AG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Power Take Off (PTO) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Power Take Off (PTO) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Take Off (PTO) Market Segment Percentages, by Type, 2021 (%)
Power Take Offs - 6 Bolt
Power Take Offs – 8 Bolt
Power Take Offs – 10 Bolt
Others
Global Power Take Off (PTO) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Take Off (PTO) Market Segment Percentages, by Application, 2021 (%)
Automotive
Machinery
Global Power Take Off (PTO) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Take Off (PTO) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Power Take Off (PTO) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Power Take Off (PTO) revenues share in global market, 2021 (%)
Key companies Power Take Off (PTO) sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Power Take Off (PTO) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Interpump Group
Parker
Hyva
OMFB
Weichai Power
Bezares
Zhejiang Bezares Power
Transmission Co.,Ltd
ZF Friedrichshafen AG
Kozanoğlu Kozmaksan Ltd.
Ozceylanlar Hydraulic Co.
OMSI
SUNFAB
MX Company
Qijiang Gear Transmission Co., Ltd. (QJGT)